Cryptocurrency exchange OKX has announced its 40th Proof of Reserve (PoR) report. According to the official announcement, the reserve ratio of all 22 major crypto assets listed on the exchange exceeded 100%.
According to the data, reserve ratios for BTC, ETH, USDT, and USDC are reported as 106%, 103%, 109%, and 101%, respectively. Based on prices at the time of verification, the total reserve value of these four assets amounted to $26.8 billion.
OKX said it is the first crypto exchange in the industry to publish Proof-of-Return (PoR) reports continuously for more than three years. During this period, the company increased the number of assets covered by its transparency program from 3 to 22 while maintaining monthly reporting practices.
The exchange also highlighted technical improvements to its Proof of Reserve (PoR) system. Originally issued using the Merkle tree method, proof of reserve has since been enhanced with advanced cryptographic solutions such as full Merkle trees and zk-STARK. It aims to allow users to verify their assets on-chain and increase transparency.
Proof-of-reserve applications had become a key standard in the crypto sector, especially in restoring investor confidence after the FTX crisis.
*This is not investment advice.
